IDBI Bank Q4 earnings: The banking stock rose 4.25% to Rs 93.21 on Monday against the previous close of Rs 89.41 on BSE. Market cap of the lender stood at Rs 97,879 crore
IDBI Bank recently reported its September quarter results, where it logged 59.8 per cent YoY rise in net profit at Rs 1,323.3 crore compared with Rs 828.1 crore in the same quarter last year.
Stocks in focus today: Share market analysts expect market to consolidate with a positive bias in the near term, before taking flight to record high levels. IDBI Bank, Bajaj Auto, L&T, Maruti Suzuki among stocks in news on Thursday, July 6, 2023.
Outgoing Jet Airways CEO-designate Sanjiv Kapoor said India needs at least four strong airlines, given the size of the aviation market in the country after Wadia Group’s Go First airline announced bankruptcy. Read his take here